“ARA is now well positioned to take decisive steps towards developing the asset and ensuring that the natural gas produced from the Ntorya field is introduced to the market as quickly as possible."
The Tanzanian government has signed an update to the production-sharing agreement (PSA) for the Ruvuma licence, pledging support for expansion plans.
Scirocco Energy has triumphed over shareholders seeking a rethink on the company’s direction and its sale of its Tanzanian asset.
Wentworth Resources has struck a deal to buy Scirocco Energy’s 25% stake in the Ruvuma licence, for up to $16 million.
Tanzania has extended the Ruvuma production-sharing agreement (PSA) to provide time for development of the area’s gas plans.
Ambitious plans are in the offing that could pave the way for the creation of a hydrogen economy in the north and north-east of Scotland.
ARA Petroleum Tanzania (APT) expects to begin acquiring 3D seismic this quarter.
Scirocco Energy is making progress in its transformation, from Tanzanian gas explorer to low-carbon asset owner, and is picking up “real momentum”, CEO Tom Reynolds has said.
ARA Petroleum Tanzania (APT) has set out a path to first gas at Tanzania’s Ruvuma production-sharing agreement (PSA).
Tanzania-focused Helium One aims to land on London’s AIM on December 3 via a reverse takeover of cash shell Attis Oil and Gas.
Tanzania-focused Solo Oil has become Scirocco Energy, and with the change of name a newfound focus on the energy transition in the European market.
Solo Oil has announced a transformational deal in the Netherlands and is changing its name to Scirocco Energy.